JPMorgan Chase & Co. Issues Positive Forecast for J.B. Hunt Transport Services (NASDAQ:JBHT) Stock Price

J.B. Hunt Transport Services (NASDAQ:JBHT) had its price target lifted by JPMorgan Chase & Co. from $280.00 to $313.00 in a report published on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the transportation company’s stock.

A number of other brokerages also recently commented on JBHT. Evercore reiterated an “outperform” rating and set a $248.00 target price on shares of J.B. Hunt Transport Services in a research note on Monday, May 11th. TD Cowen lifted their price target on J.B. Hunt Transport Services from $265.00 to $297.00 and gave the stock a “hold” rating in a report on Thursday. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of J.B. Hunt Transport Services in a research report on Thursday. Citizens Jmp initiated coverage on J.B. Hunt Transport Services in a report on Wednesday. They issued a “market perform” rating on the stock. Finally, Susquehanna set a $345.00 target price on J.B. Hunt Transport Services in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $286.30.

J.B. Hunt Transport Services Stock Up 8.0%

J.B. Hunt Transport Services stock opened at $298.41 on Thursday. The firm has a market capitalization of $28.14 billion, a P/E ratio of 42.27, a P/E/G ratio of 2.00 and a beta of 1.29. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.36. J.B. Hunt Transport Services has a twelve month low of $130.12 and a twelve month high of $299.76. The stock’s fifty day simple moving average is $273.39 and its 200-day simple moving average is $237.87.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.20. The company had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.26 billion. J.B. Hunt Transport Services had a return on equity of 18.86% and a net margin of 5.31%.J.B. Hunt Transport Services’s revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.31 EPS. As a group, equities analysts expect that J.B. Hunt Transport Services will post 7.35 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, May 8th. J.B. Hunt Transport Services’s dividend payout ratio is 27.86%.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, insider Bradley W. Hicks sold 7,644 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $261.91, for a total value of $2,002,040.04. Following the sale, the insider directly owned 23,982 shares of the company’s stock, valued at approximately $6,281,125.62. This trade represents a 24.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Darren P. Field sold 4,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $254.49, for a total transaction of $1,017,960.00. Following the transaction, the executive vice president owned 8,696 shares in the company, valued at approximately $2,213,045.04. The trade was a 31.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 18,119 shares of company stock worth $4,736,095 in the last three months. 2.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of JBHT. CYBER HORNET ETFs LLC acquired a new stake in shares of J.B. Hunt Transport Services in the second quarter worth $31,000. International Assets Investment Management LLC acquired a new position in shares of J.B. Hunt Transport Services during the 4th quarter valued at $32,000. MUFG Securities EMEA plc purchased a new stake in J.B. Hunt Transport Services during the 2nd quarter worth $34,000. Whittier Trust Co. boosted its position in J.B. Hunt Transport Services by 39.1% during the 4th quarter. Whittier Trust Co. now owns 178 shares of the transportation company’s stock worth $37,000 after purchasing an additional 50 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in J.B. Hunt Transport Services by 34.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

Trending Headlines about J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: J.B. Hunt delivered Q2 earnings of $1.91 per share, topping estimates of $1.71, while revenue came in at $3.50 billion versus $3.26 billion expected. Results were driven by higher intermodal volumes, improved pricing, and cost discipline. Article Title
• Positive Sentiment: Management said intermodal performance was especially strong, with record quarterly volumes and a 22% revenue increase in the largest segment, reinforcing optimism that the freight cycle may be improving. Article Title
• Positive Sentiment: Multiple analysts turned more constructive after the report, including JPMorgan raising its target to $313 and Robert W. Baird lifting its target to $320 with an outperform rating, signaling higher expectations for JBHT’s earnings power. Article Title
• Positive Sentiment: Other firms also raised targets, including Citigroup to $309, Barclays to $300, and TD Cowen to $297, reflecting broad post-earnings optimism even where ratings remained neutral or hold. Article Title
• Neutral Sentiment: Some analysts stayed cautious, with Citigroup maintaining a neutral rating, Barclays at equal weight, and TD Cowen at hold, suggesting the stock’s valuation may already reflect much of the recent improvement. Article Title
• Neutral Sentiment: J.B. Hunt was also highlighted in market commentary and momentum-stock screens after the earnings beat, but these mentions were secondary to the fundamental catalyst from the quarterly report. Article Title

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.